Cross-border commerce trade is an important part of economic development, and its payment and settlement mode has received widespread attention. This paper mainly introduced blockchain, analyzed its characteristics and composition and the possibility of its application in cross-border business trade, and took the Ripple payment settlement mode as an example for a case study. The analysis found that the model had smaller time and capital costs, greater transparency and security of transactions,

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... nd simple and convenient processes than the traditional payment and settlement mode, which can be further promoted and applied in practice.